The ranking is based on student responses from a survey of the MBA Class of 2012 asking them to evaluate their program’s ethics offerings. The average ethics score was 4.64 for all 82 U.S. and international schools in the ranking. Mays’ score was 5.55.

Mary Lea McAnally, associate dean for graduate programs at Mays, saysÂ the program doesn’t include stand-alone ethics classes. “We include frameworks for ethical decision-making in each course we teach. I am delighted to learn that we placed so highly in this important ranking because it means that our students identify and value the pervasive ethics component of our MBA curriculum.”

McAnally says she deeply admires the other schools on the list and considers it an honor to be among such an elite group. In addition to Mays, the top 10 schools included Notre Dame, Virginia, Indiana, Maryland, Yale, IESE (Spain), Brigham Young, Dartmouth and Carnegie Mellon.